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<br /> ���� 98~ i1041'7
<br /> TOC3ETHER WITH all the improvement�now or hercaRer e�ected on the property,ancl all eu.renxnts,appunerwnces,r�xl
<br /> fixtura nc�w or hercafler � p�rt af the property. All rcpl�cementi and �dditinns shdl dso be covercd by thix Security
<br /> Inurument.All of the foro�oin�i�refGrred to in this Securiry Instrument�a th�'property,"
<br /> BORROWER CnVBNANTS th�t Burmwer is I�wfully seised of It�e est�te hercby conveyai and has the right to grant und
<br /> c�nvey the Propony and tFut the Propeny is une►k,wmbered, except for rncumbr�nces of raord, Borrower wxrr�nls ani will
<br /> defend�enenlly the tide to the Property�gai�t all cl�im��nd demarwla, subjoct tu any encurobrances of rerord.
<br /> TH(S SECURITY INSTRUMENT com6ines uniform eavenaiits for rutiorwl use anci non-uniF�>riu covener�ts with limited
<br /> v�riadons by juri�sdiction to corutitute�urtUoim�ecurity instrument cove�ng real property.
<br /> UNIFORM CpVENANTS.Borrawer ud Lender covenant u�d�gree as fotlows;
<br /> 1, P�yment of Princip�l and Inlerdait; prep�yroent �nd I.ate Clut�es. Aorrower shall pron�ptlY paY when due the
<br /> principal of�nd inta+est on the debt evidenced by the Note uxl any prepsyment and 1,��e ch�r�a due under the Note.
<br /> 2. �ndt[or Taxae and I�ur�trce. Subjecr.to npplicable law ar to a�Hritten waiver by Lender, Bort+ower shall pay to
<br /> � Lender on the day monthly rayments are dus under the Note,until the Note is pafd in full,a sum('F�nds")for:(r)yeariy tues
<br /> ancl assesam�nts which mny attain priority over this Security Instru�xnt as a lien on the Propeny;(b)yeulp le�sehald payments
<br /> or�round ronts on the Property,if any:(c)yarly haisrd or pruperty insunu�oe premiums;(d)Yauly tlood insurance prc.ntiums,
<br /> if any; (c)qearly mortg�ge insurence prcmiums. if any; And(�any sums payable by Borrcnrer to[.ender, ln aocordance with
<br /> the proviaiot�.s of p�ragnph 8, in liw of the pnyment of mortgage insurance ptemiums. The.ge itertu arc callod "Escrow Items,"
<br /> I.ender may, at any time, co��od ud ho�d Funds in an amount not to exceed the ma�cimum amount a lender far a federally
<br /> . ����8�8� lan m�Y requirc for Borrower's escmw�ccount under the fodernl Real F,sute Setdement Procedurcs Act of
<br /> l974 a1 tttrsa�ded fmrn time to time. 12 U.S.C. Seclion 2b01 et seq.("RESPA"),unless arwlher I�w tJat applies to the Funds
<br /> �. sa+ a ks�dr�muunt. If co. Lende•r may, at �ny time, collect and hold Funda in�n arraunt not ro exoeed the leaser unount.
<br /> L.endex�miE,y,.estinuoe the amount of Funds due on ihe bnsis of current datx and rer�sonable estimatas of expenditures of fi�tun
<br /> Escrow Itei�t"s or d�erwlsc in a000rdenoe with applic�ble law.
<br /> � 7Ut Punda s�hall`be held in an inrtitution whoxe deposits are insured by a foder�l �gency, inununenWity, or entity
<br /> (including G,eodec,if Lender is such en institutian)or in any Federal Home I.oan Bank. Irnder stwll apply the Funds w p�y the
<br /> Facrow�heTns. Lender rtuy not chtrge Bomower for'riolding and�pplying the Funds,annwl ly u�alyzing the escrow Accouru,or
<br /> vaifying thr F�crov Itans.unlea�I.ender paya Borrower interest on the Funda and�ppliable Itw prnnits Lender to nylce such
<br /> a ch�rge, However,L,ader rtyy roquire gorrower to pay a one-time chatge for rn independenc rp1 estate tu r�ponin�tuvioe
<br /> wed by Lender in cormection with thie lo�n. qn�eys applicable Iqw pmvides othecwiae. Unless an �greemnu is m�de or
<br /> � applicable I�w requi�es irtterat to be p�id, L.�ncier 3h�ll not be roquired to pay Bortower my intereu Ar eaminge on the Pundr.
<br /> Borrn�..�nd r:�� tr�; s�^r�ia::�riting l�.a::;::cr,ilsat i�t�.`cst s�`wif uc�;■i�i cw ihc Funda.i.a�der�ha1i give to l3on�owa,
<br /> wid�out'cli+►�e, an�nnwl �000unting of the Furda, ahowing credits uid debiti to the Fund�u�d the purpoee for which each •
<br /> debit w d�e Punds.rap•.mkle,The Funds�re pledgad ae�dditional searrity far�II aurru secure�d by thia S�ecurity Inetrumd�t.
<br /> ;�,`;. If the Funds hetd'6 �Lender eaoeed the nnounts permined w be beld by�pplicable hw,Lender sh�lkhooa�nt to Borrower
<br /> Ca the exoeu Fund�fn'i.000rdanoe with the roquiFcntents of applicable law. If the unount of the Fund�'hald by Lenda�t t�nv '
<br /> � uwus i.noi euit�cidi[w p�y �he t:u�ow ltems when due,I,uder may�o notify Borrower in writin�,and,in�uc6 cax Borro�ver
<br /> � P�Y.�t��the�x�unc necauary to make up:he deficiaxy. Borrowec ct�ll mdce up the deficiency in no more dqn
<br /> t�iho awnd�ly paymea�d,at[.esnda's ak discretjbn.
<br /> Upon p�ymert In tuq of all sums secured,bY:tfiis Securiry Instntmrnt. I.erder stWl Pn�mptlY ret'und w Borrower rny
<br /> I�d�heW by Lendrx. If,�uader p�ra�raph 21,Le�ier eh�ll�cquiro or edl trie Property, Lender, pdor tp;.the aoqui�tfon or We
<br /> ot doe PmpenY.sbdl apply�ny Punds Add by L.ender et the time of�oqui�ition or�le se� crodit against the wms eecvred by
<br /> Bm 5ocority In�tr�tmert.,
<br /> 3•Ap�YeMioe st h�enM.Unleat tpplicable law provides otheiwiee,all p�yma�ts rcceivod by I.ero�er under par�lu
<br /> I td 2 tlWl be applieil,tirat, to�nY prcpaYma�t chargea due unda�the Note: aecond, to unounu payaWo under poa�nph 2;
<br /> tfi�d.to inoer�st due;t4iurth,to principal due;and'last,'to eny latc charges due undcr the Noca �
<br /> ��pK �.Borrower stWl pay dl taxea,assacmenu. cMirga. finea ud impositions Rttributable to the Pttipaty
<br /> w�hich�y MWa �xiodty over this Savrity Ioctnt�t, and IeASehold payments or gnound «nts, if any. Borrowror shqll p�Y
<br /> tbde abli�ad�oo+ia d�mru�a provjded in pangraph,2,or if nat paid in thu mannv.Borrowu stwll pay them�x►dme diiectly
<br /> �o t6e pa�on owed p�ymeM.Bonrowa alull prort�tly•�'urni�h to L�cxla�all notias of utwunu to be p�id under tbi�par�raph.
<br /> If Boeto�ret a�kes d�ese p�ymentt Airaxly�Borrowet.slwll prompUy fumish to Lender reaeiEw evidencin�the MY�+•
<br /> Homowa�il DromptlY diedrrQe�ny lien�hlch has priority ovu thir Security Inauumeat unless ibrrower;(a)agroa in
<br /> wnititt�to d�e p�yment of the obliption aecured by�tl�e lien in a`m�nner qooephble to Leoder;@)oontests in;ood faith ihe lien
<br /> bY� or defadt �t eaforcunait�:of•the lirn in, 1ega1 proai�dinga which in the Lender'y opinion opr.nte to preivpu the
<br /> eatoreaneot of the lieo;a(c)aa�rea from thc holder of the lien�n agreenxnc auisf�ctory to[.eider aubc�rdin�tin�the tian to
<br /> �,;,,'`. thL T'ewrity Inwrvmet�t�.,.If Lencler deternunrs that�any part nf the Pmperty ia subject to a tien which mey sttain priority over
<br /> ,'t1w Sep�rity Inetrumettl,Lender rn�y give Bomow•er a tatia identifying the IiCn. Borrowa slull s�tisfy the lirn or take one or
<br /> -�• more of tha eclions ae��.forth �bove within l0 days of the giving of notia.
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